180 Sumpter Street, Brooklyn, NY 11233

$2,329,000
$1K
Active for Sale
 
Listing ID 11677654
Property Type Commercial
County Kings
Total Tax $6,865
Tax ID 01525-0027
FEMA Flood Map fema.gov/portal
Year Built 1909
   
Virtual Tour
7.31% CAP RATE !! **5 family alert** Rare opportunity to own a 5 unit building. All units are free market. Each apartment has two bedrooms, a living room, a dining area, kitchen and a bright bathroom. Gas and electric are separately metered. First floor apartment is the biggest, with 4 bedrooms and access to the backyard and garden. The Entire property has been well maintained through the years. This property has extremely low taxes of a less than $7,000 a year! Located just Two blocks from B25 and B7 buses and the A,C train at Ralph Ave station. J,Z trains available at the Chauncey Station. Two of the apartments are occupied and Three will be delivered vacant. This property has huge potential with a gross of $197,760 and an NOI of $170,354.68 Annually. It is also possible to put laundry in the building basement for extra income.
Property Details
  • 0.06 Acres
  • 2500 SF Lot
  • Built in 1909
  • 5 Units
Interior Features
  • Oil Fuel
  • Wall/Window A/C
Exterior Features
  • Community Water
  • Community Septic
Income/Expenses
  • Gross Income $197,760
  • Net Income $170,354
  • Operating Exp $27,405
Taxes and Fees
  • $6,865 Total Tax
Listed By
Compass Greater NY LLC
Office: 212-913-9058
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